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    <title>2009 (5) TMI 906 - Supreme Court</title>
    <link>https://www.taxtmi.com/caselaws?id=173247</link>
    <description>The Electricity Act, 2003 de-licenses generation and preserves a generating company&#039;s contractual freedom, so section 23 does not authorise the Appropriate Commission to direct allocation or supply of power. Section 86(1)(b) permits regulation of distribution licensees&#039; procurement and approval of power purchase arrangements, including scrutiny of quantity and price, but it does not allow allocation of power to a licensee with no contract. Section 60 is only an anti-abuse provision and applies only on its statutory conditions; it cannot be combined with sections 23 and 86(1)(b) to impose equitable allocation. Equitable redistribution of generation capacity among competing licensees is therefore impermissible absent express statutory authority.</description>
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    <pubDate>Wed, 06 May 2009 00:00:00 +0530</pubDate>
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      <title>2009 (5) TMI 906 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=173247</link>
      <description>The Electricity Act, 2003 de-licenses generation and preserves a generating company&#039;s contractual freedom, so section 23 does not authorise the Appropriate Commission to direct allocation or supply of power. Section 86(1)(b) permits regulation of distribution licensees&#039; procurement and approval of power purchase arrangements, including scrutiny of quantity and price, but it does not allow allocation of power to a licensee with no contract. Section 60 is only an anti-abuse provision and applies only on its statutory conditions; it cannot be combined with sections 23 and 86(1)(b) to impose equitable allocation. Equitable redistribution of generation capacity among competing licensees is therefore impermissible absent express statutory authority.</description>
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      <pubDate>Wed, 06 May 2009 00:00:00 +0530</pubDate>
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